Securities Litigation Attorneys

There are several types of securities litigation, each addressing different aspects of financial wrongdoing. Understanding these categories can help you determine the best course of action for your situation.

Broker Mismanagement

Broker mismanagement can take many forms. Some common signs include unauthorized trades, excessive trading to generate commissions (churning), and failure to diversify your portfolio. If your broker is not acting in your best interest, it might be time to seek legal advice.

Consequences of Broker Mismanagement

The consequences of broker mismanagement can be severe, leading to significant financial losses. This type of negligence can erode your investment portfolio and jeopardize your financial future. A securities litigation lawyer can help you hold your broker accountable and recover lost funds.

Investment Fraud

Investment fraud can occur in various ways, such as Ponzi schemes, pyramid schemes, and misrepresentation of financial products. Fraudsters often promise high returns with little risk, which is a major red flag.

Red Flags of Investment Fraud

Be wary of unsolicited investment offers, pressure to act quickly, and promises of guaranteed returns. These are classic signs of investment fraud. If you suspect you've been a victim, contact a securities litigation lawyer immediately.

We represent clients in securities litigation involving:

• Fraud
• Breach of fiduciary duty
• Failure to supervise
• Accounting misconduct and malpractice
• Negligence

We have brought suits against lawyers, accountants, broker-dealers, and corporations large and small, all as part of our effort to ensure accountability and obtain relief for our clients. Combining over 200 years of experience and a commitment to justice, our securities litigation attorneys will stand by your side as you pursue financial relief for your losses.

Regulatory bodies play a critical role in maintaining the integrity of the financial markets and protecting investors from fraudulent activities. In the realm of securities litigation, two key organizations stand out: the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Understanding their roles, functions, and processes can provide valuable insights for anyone involved in or considering securities litigation.

SEC's Role in Securities Litigation

The Securities and Exchange Commission (SEC) is a federal agency responsible for enforcing the laws governing the securities industry. Established by the Securities Exchange Act of 1934, the SEC's primary mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. Here are some of the key ways the SEC influences securities litigation:

• Enforcement Actions: The SEC has the authority to bring enforcement actions against individuals and companies for violations of securities laws. These actions can result in penalties, fines, and other sanctions, and can serve as a basis for private securities litigation.
• Regulatory Oversight: The SEC oversees the securities markets and the conduct of market participants. This oversight includes monitoring trading activities, reviewing corporate disclosures, and ensuring compliance with regulatory standards.
• Investor Protection: The SEC provides resources and information to help investors make informed decisions. This includes educational materials, warnings about potential frauds, and tools for researching investment opportunities.
• Whistleblower Program: The SEC operates a whistleblower program that encourages individuals to report potential securities law violations. Whistleblowers can receive significant financial rewards if their information leads to successful enforcement actions.

FINRA's Role in Securities Litigation

The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization that oversees brokerage firms and their registered representatives. FINRA's mission is to protect investors and ensure the integrity of the securities markets. It achieves this through regulation, enforcement, and dispute resolution. Here are the primary ways FINRA impacts securities litigation:

• Regulation and Compliance: FINRA sets rules and standards for broker-dealers and their employees. These rules cover a wide range of activities, including sales practices, advertising, and the handling of customer accounts. Compliance with FINRA regulations is mandatory for all member firms.
• Enforcement Actions: FINRA has the authority to take disciplinary action against firms and individuals who violate its rules. This can include fines, suspensions, and bans from the industry. These enforcement actions can serve as a foundation for private securities litigation.
• Arbitration and Mediation: FINRA provides arbitration and mediation services to resolve disputes between investors and brokerage firms. Many brokerage agreements require disputes to be resolved through FINRA arbitration rather than through the court system. This process is typically faster and less formal than traditional litigation.
• Investor Education: FINRA offers educational resources to help investors understand their rights and responsibilities. This includes information on how to file a complaint, what to expect during arbitration, and how to recognize signs of fraud.

What is securities litigation?

Securities litigation involves legal disputes related to financial investments, such as fraud and broker mismanagement.

When should I hire a securities litigation lawyer?

You should consider hiring a securities litigation lawyer if you have suffered financial losses due to investment fraud, broker negligence, or other securities violations.

How much does a securities litigation lawyer cost?

The cost varies based on the lawyer's fee structure, which can include hourly rates, flat fees, or contingency fees. It's important to discuss fees upfront.

What is a class action lawsuit?

A class action lawsuit allows multiple plaintiffs to combine their claims into a single legal action, often making it more feasible to pursue litigation against large corporations.

What role do the SEC and FINRA play in securities litigation?

The SEC and FINRA regulate the securities industry, enforce laws against fraud and mismanagement, and provide resources for investors to file complaints.

What are the common signs of investment fraud?

Common signs include unsolicited investment offers, pressure to act quickly, and promises of guaranteed returns. Always be cautious of offers that seem too good to be true.